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About NMB

Network Microfinance Bank Limited started its
operation on 1st January 2005 as a Public Limited Company Listed on Karachi
Stock Exchange. It is in-fact a transformation of Network Leasing
Corporation Limited, having the privilege of being regarded as the micro
leasing pioneer in Pakistan since its inception in 1995.
The bank's main focus is on poverty alleviation by providing access to the
poor to micro finance facility whereby they could establish their new micro
enterprise or bring improvement in their existing business. The bank is
concentrating on two main areas i.e. providing of financial services for
mobilization of small savings and extending help to poor entrepreneurs
including women through individual and group based financing to support
income generation on sustainable basis, so as to bring improvement in their
quality of life. The bank’s strategy is well aligned with the national
policy development on poverty alleviation as well as with Pakistan Poverty
Alleviation Fund working under the aegis of the Government of Pakistan and
the World Bank.
The bank has established its unique position among peer institutions
because of the following reasons.
- it has strong backing and commitment from its main sponsors JS & KASB Groups.
- it is first Microfinance bank listed on stock exchange ( The Karachi
Stock Exchange).
- it is first Microfinance bank in Pakistan to have started micro housing
loans.
- it is first Microfinance institution to offer normal chequing, saving
and current account banking facilities to its clients.
- it is first Microfinance bank to start mobile branch banking in order to
deliver financial and banking services at the doorsteps of the underprivileged
communities.
- The bank has been supported by the Pakistan Poverty Alleviation Fund
under the aegis of the World Bank through a Credit Line of Rs. 225 Million.
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